News stories for Naseem Usman - Business Recorder

Naseem Usman

Markets

Weekly Cotton Review: Spot rate decreases amid bearish trend on market

KARACHI: Cotton prices continued to decline. There was a difference of Rs15,00 in price, depending on the quality....

Published 09 Oct, 2023 06:24am

Markets

Weekly Cotton Review: Market stability causes spot rate decline

KARACHI: Stability in the rate of cotton was seen previous week. However, there was a difference of Rs 2,000 per...

Published 02 Oct, 2023 06:33am

Markets

Weekly Cotton Review: Rate dips on PKR appreciation against USD

KARACHI: The rate of cotton witnessed an extraordinary decline of Rs 15,00 to Rs 2,000 per maund. The spot rate ...

Published 25 Sep, 2023 06:54am

Markets

Weekly Cotton Review: Spot rate hiked amid Whitefly challenge

KARACHI: Cotton prices remained stable during the previous week. There was an increase in spot rate by Rs 1,000 per...

Published 18 Sep, 2023 06:32am

Markets

Weekly Cotton Review: Spot rate declines on fall in New York cotton prices

KARACHI: Unprecedented fluctuation of Rs 3,000 per maund in the rate of cotton was seen previous week. There was a...

Published 11 Sep, 2023 07:23am

Markets

Weekly Cotton Review: Erosion in PKR value one of reasons behind rise in cotton prices

KARACHI: The rate of cotton witnessed an increase of Rs 2,500 per maund. The spot rate increased by Rs1800 per ...

Published 04 Sep, 2023 06:21am

Markets

Weekly Cotton Review: Spot rate increases as market sees fluctuations

KARACHI: Extraordinary fluctuation from Rs 15,00 to Rs 2,500 per maund was seen in the rate of cotton. The spot rate...

Published 28 Aug, 2023 06:27am

Markets

Weekly Cotton Review: Spot rate up as cotton prices continue to rise

KARACHI: Cotton prices continued to rise during previous week. There was an increase in spot rate by Rs.300 per...

Published 21 Aug, 2023 06:43am

Markets

Weekly Cotton Review: Price slightly increases amid heavy volumes

KARACHI: Improvement in the price of cotton was seen during previous week and business volume also remained...

Published 15 Aug, 2023 06:30am

Markets

Weekly Cotton Review: Rate stable; crop largely safe despite rains

KARACHI: The production of cotton was 14 lac and thirty thousand bales. During previous week there was stability in...

Published 07 Aug, 2023 06:34am

Markets

Weekly Cotton Review: Rate remains stable despite rains

KARACHI: Recent rains have affected the cotton business; however, rate of the commodity remained stable. There were...

Published 31 Jul, 2023 07:15am

Markets

Weekly Cotton Review: Rate increased by Rs600/maund

KARACHI: Appreciation of dollar, limited supply of cotton, boom in domestic cotton influenced by boom in...

Published 24 Jul, 2023 06:11am

Markets

Weekly Cotton Review: Bullish trend prevails

KARACHI: A bullish trend prevailed in the cotton market. To keep the cotton prices stable, Trading Corporation of...

Published 17 Jul, 2023 03:47am

Markets

Weekly Cotton Review: Rates rise: PCGA demands govt prepare ‘clear’ price strategy

KARACHI: Cotton prices witnessed rise after some volatility. Due to undue pressure from government sources to buy...

Published 10 Jul, 2023 06:52am

Markets

Weekly Cotton Review: Rates fall amid dull trade; textile sector under focus

KARACHI: A bearish trend prevailed in cotton market previous week, which saw a. significant reduction of Rs 2,500 to...

Published 26 Jun, 2023 06:38am

Markets

Weekly Cotton Review: Local market witnesses significant decline in prices

KARACHI: The local market saw a significant decline in the prices of cotton during previous week. Spot rate was...

Published 19 Jun, 2023 06:55am

Markets

Weekly Cotton Review: Spot rate rises as market witnesses bullish trend

KARACHI: A bullish trend in cotton prices was seen on cotton market and the spot rate was hiked by of Rs500 per...

Published 12 Jun, 2023 06:26am

Markets

Weekly Cotton Review: Rates decline amid growing unease in textile sector

KARACHI: The rate of cotton decreased by Rs 1,000, while the rate of Phutti decreased by Rs 2,000, Banola by Rs ...

Published 05 Jun, 2023 03:27am

Markets

Weekly Review: Prices of cotton remain stable

KARACHI: The prices of cotton remained stable previous week, as trading volume remained low. Partial arrival of the...

Published 29 May, 2023 04:27am

Markets

Weekly Cotton Review: Rates remain stable amid low trading volumes

KARACHI: Stability in the rates of cotton was seen previous week. Trading volumes; however, continued to be very ...

Published 22 May, 2023 06:23am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 23	278.69
USD PKR Interbank Buying / Dec 23	278.43
USD to Japanese Yen / Dec 23	156.63
USD to Swiss Franc / Dec 23	0.90
Pound Sterling to USD / Dec 23	1.26
Euro to USD / Dec 23	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
Nasdaq / Dec 20	19,572.60
Dow Jones / Dec 20	42,840.26
India Sensex / Dec 23	78,595.51
Tokyo Nikkei / Dec 23	39,161.34
Hang Seng / Dec 23	19,857.04
FTSE 100 / Dec 23	8,068.16
Germany DAX 30 / Dec 23	19,830.32

Item	Value
Gold 10 Grams PKR / Dec 20	234,311
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 23	252.10
Crude Oil USD/Barrel / Dec 23	69.79
Gold Spot USD/Ounce / Dec 23	2,632.38
Diesel/Litre / Dec 23	255.38

Gainers
Losers
Leaders

Stock	Price
First Capital Equities / Dec 23 First Capital Equities Limited(FCEL)	6.15 ▲ 1.00 (19.42%)
Dewan Sugar / Dec 23 Dewan Sugar Mills Limited(DWSM)	6.60 ▲ 1.00 (17.86%)
Cnergyico PK / Dec 23 Cnergyico PK Limited(CNERGY)	6.83 ▲ 0.92 (15.57%)
Jahangir Sidd(Pref) / Dec 23 Jahangir Sidd(Pref)(JSCLPSA)	9.50 ▲ 0.95 (11.11%)
Chenab Ltd (Pref) / Dec 23 Chenab Limited (Pref)(CLCPS)	3.75 ▲ 0.36 (10.62%)
Dewan Farooque Sp. / Dec 23 Dewan Farooque Spinning Mills Limited(DFSM)	4.72 ▲ 0.45 (10.54%)
Trust Sec.& Brok. / Dec 23 Trust Securities & Brokerage Limited(TSBL)	10.55 ▲ 1.00 (10.47%)
Dawood Equities / Dec 23 Dawood Equities Limited(DEL)	10.63 ▲ 1.00 (10.38%)
HBL Invest Fund / Dec 23 HBL Investment Fund(HIFA)	4.15 ▲ 0.39 (10.37%)

Stock	Price
Sindh Abadgar / Dec 23 Sindh Abadgar's Sugar Mills Limited(SASML)	36.60 ▼ -4.07 (-10.01%)
Blue-Ex Ltd / Dec 23 Blue-Ex Limited (GEM)(GEMBLUEX)	40.87 ▼ -4.54 (-10.00%)
J.A.Textile / Dec 23 J.A. Textile Mills Limited(JATM)	37.72 ▼ -4.19 (-10.00%)
Asia Ins. / Dec 23 Asia Insurance Company Limited(ASIC)	13.96 ▼ -1.55 (-9.99%)
Dar-es-Salaam / Dec 23 Dar-es-Salaam Textile Mills Limited(DSML)	42.01 ▼ -4.58 (-9.83%)
First Tri-Star Mod. / Dec 23 First Tri-Star Modaraba(FTSM)	14.01 ▼ -1.33 (-8.67%)
Dadabhoy Cement / Dec 23 Dadabhoy Cement Industries Limited(DBCI)	6 ▼ -0.54 (-8.26%)
Oilboy Energy / Dec 23 Oilboy Energy Limited(OBOY)	10.46 ▼ -0.93 (-8.17%)
Burj Clean Energy Modaraba / Dec 23 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	8.45 ▼ -0.65 (-7.14%)

Stock	Volume
WorldCall Telecom / Dec 23 Worldcall Telecom Limited(WTL)	99,942,750 ▲ 0.14
Cnergyico PK / Dec 23 Cnergyico PK Limited(CNERGY)	66,327,753 ▲ 0.92
Pace (Pak) Ltd. / Dec 23 Pace (Pakistan) Limited(PACE)	43,280,462 ▲ 0.19
K-Electric Ltd. / Dec 23 K-Electric Limited(KEL)	40,644,312 ▲ 0.37
Sui South Gas / Dec 23 Sui Southern Gas Company Limited(SSGC)	40,619,788 ▲ 0.76
Pak Elektron / Dec 23 Pak Elektron Limited(PAEL)	38,585,180 ▲ 1.96
Fauji Foods Ltd / Dec 23 Fauji Foods Limited(FFL)	35,015,764 ▲ 1.32
P.T.C.L. / Dec 23 Pakistan Telecommunication Company Ltd(PTC)	33,026,526 ▲ 2.58
B.O.Punjab / Dec 23 The Bank of Punjab(BOP)	29,495,012 ▲ 0.26

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